The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
The Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinntextRené W.H. van der LindenThe Hague University of Applied Sciences(THUAS), HollandPiotr tasakThe Jagiellonian University, Krakow, PolandAbstractAlthough China's 2008 stimulus package has been effective In combating the adverse effects of the financial crisis, a decade later its drawbacks can be o The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinbserved in the form of funding, debt, and overcapacity making Its financial system more vulnerable. Apart from the changing global geopolitical relatiThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
ons, president Xi Jinping launched the 'One Belt, One Road' initiative in 2013 as a response to the Inevitable economic slowdown. This grand infrastruThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinore balanced 'new normal' economic growth model. However, the lack of financial resources at the government level has undermined the effectiveness of China’s 'globalisation 2.0’ initiative. This paper will investigate to what extent the ‘Belt and Road' plan will be effective enough to help China bou The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinnce back from Its economic slowdown and what are the financial Implications in a policy trllemma context. A re-examinatlon of the Impossible trinity tThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
heory applied to China's ‘new normal' economy and its 'Belt and Road' plan will be dealt with. Finally the authors will conclude with several possibleThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within a decade ago, the global financial crisis had caused a significant Impact on the Chinese economy and the government responded by implementing a $586 billion economic stimulus package aimed largely in funding the infrastructure, and loosening monetary policies to increase bank lending.The implementa The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withintion of bold and decisive stimulus efforts in late 2008 and 2009 have enabled the Chinese economy to effectively resist the effects of the sharp globaThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
l fall in demand for Chinese products. The Chinese government cleverly used Its state-owned enterprises (SOEs) as an instrument to Implement its aggreThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withine fact that China's GDP growth usually exceeds target (see1figure 1), the rate of GDP has slowed for the past seven consecutive years, declining from 10.6% in 2010 to 6.9% in 2017 (Morrison. 2017).Though the stimulus program was effective, one of its lasting side effects was the creation of massive The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinexcess capacity in many industrial sectors from steel to cement. Combined with the slowing economy and the sluggish international demands, the overcapThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
acity will squeeze corporate profits, increase debt levels, and make the country’s financial system more vulnerable. Many SOEs in sectors with spare cThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinput, yet receive more than half of the credit dispensed by the Chinese largest "Big Five” banks1. The rising non-performing loans to SOEs have put the Chinese banking system under a great deal of stress. The biggest weaknesses of the Chinese banking system is that it lacks the ability to allocate cr The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinedit according to market conform risk assessment principles. The regulated banks feel safe lending to SOEs, no matter how indebted, because the governThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
ment implicitly guarantees their debt. As a result, the SOEs have developed a habit of debt-financed growth. This credit overhang may not have been a The Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinImplemented a deleveraging policy as one of its major tasks for the coming years (Cal, 2017).China’s economic slowdown, stock crashes, and currency realignments are highlighting the downturn of the world's second largest economy and the main driver of global growth. The attention of global markets w The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinas focused on China’s exchange rate in August 2015 when the People's Bank of China (PBoC) announced a nearly2.0 percent devaluation of the renminbi (RThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
MB) against the US dollar (USD). Since then China has devalued the RMB multiple times while making a transition from its 12th to Its 13th Five Year plThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinmy and to avoid a 'middleincome trap' in the near future. The main characteristics of this 'new normal’ growth model consist of a slower growth level with a higher quality and more emphasis on efficiency and social security with a strong role of the government; the ability to adjust In accordance to The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within the current market circumstances; opening up of the financial markets and services sector as the current economy's primary driver of growth to offsetThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
contractions in China’s traditional powerhouses of heavy industry and manufacturing. The aim Is to keep a strict balance in restructuring China's ecoThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withins part of this plan is to Induce an economic shift that will steer the country away from a reliance on exports and investments towards growth driven by domestic consumption and Innovation. This is part of China's narrative to decrease Its reliance on Its global partners, a lesson learned from the 20 The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within08 global financial crash when China became dangerously dependent on debtfueled investments in Infrastructure, housing and heavy Industries with a sigThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
nificant overcapacity as a result.Largely motivated by China's pressing economic concerns and China's attempt to gain political leverage over its neigThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinorts, railways, highways, and road infrastructure, the OBOR Initiative aims to "break the bottleneck of Asian connectivity". The entire OBOR project Includes a land- based 'Belt' from China to Europe, evoking "Old" silk Road trade paths and a 'Road' referring to ancient maritime routes and the scale The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within Is ambitiously large. To a certain extent the alms of the OBOR plan are quite similar to the strategic aims of the US-led Marshall plan in the post-WThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
orldwar-ll era, namely boosting export; currency Internationalization; countering a rival; fostering strategic divisions and obtaining diplomatic suppThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinconomic steps of the OBOR implementation come first as hashttps://khothuvien.cori!1 Traditionally China has a bank-based financial system whereby most businassas are funded by traditional bank loans mainly coming from the Big Five' regulated banks, namely the Agricultural Bank of China, China Constr The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinuction Bank, Industrial and Commercial Bank of China Bank of China and tha Bank of Communicationsusually been the case with the rise of China as a majThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
or economic power. As long as political stability is guaranteed, then possible political and institutional adjustments can be expected if necessary. SThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within vital part of implementing the OBOR initiative would be to enhance financial integration between countries. There are plans to build a currency stability system, investment and financing system, and credit Information system in Asia. There will also be other financial initiatives in the pipeline fo The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withinr the deepening of multilateral financial cooperation. Despite resistance from Western countries due to their overlapping purposes with their internatThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
ional financial institutions, among others, three important financial institutions have been established to fund the OBOR infrastructure projects, namThe Effectiveness of 'One Belt, One Road' Initiative in tackling China's Economic Slowdown and Its Financial Implications within a Policy Trilemma Con The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications withink of BRICS (BDO, 2015). Although there is no agreed-upon definition for what qualifies as an OBOR project, but so far it is clear that the funding mainly comes from China's huge, but shrinking, financial resources. Such a logical deduction was probably well taken in times when China was flooded with The effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within capital inflows and foreign exchange reserves had nearly reached USD 4 trillion in June 2014. However, China's economy has slowed down, its shadow baThe effectiveness of ‘one belt, one road’ initiative in tackling china’s economic slowdown and its financial implications within
nking system has become more significant and the regular banks' balance sheets are saddled with doubtful loans, which keep on being refinanced and doGọi ngay
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